Southern Province Cement Company

Saudi Stock Exchange 3050.SR

Southern Province Cement Company Debt to Equity Ratio for the year ending December 31, 2023: 0.11

Southern Province Cement Company Debt to Equity Ratio is 0.11 for the year ending December 31, 2023, a 39.50% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Southern Province Cement Company Debt to Equity Ratio for the year ending December 31, 2022 was 0.08, a -22.79% change year over year.
Southern Province Cement Company Debt to Equity Ratio for the year ending December 31, 2021 was 0.10, a -15.71% change year over year.
Southern Province Cement Company Debt to Equity Ratio for the year ending December 31, 2020 was 0.12, a -12.38% change year over year.
Southern Province Cement Company Debt to Equity Ratio for the year ending December 31, 2019 was 0.14, a -13.64% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Saudi Stock Exchange: 3050.SR

Southern Province Cement Company

CEO	Mr. Aqeel Futis Kadasa
IPO Date	March 4, 2010
Location	Saudi Arabia
Headquarters	King Fahad Road
Employees	1,602
Sector	Materials
Industries Cement Construction Materials

Description

Southern Province Cement Company engages in the production and sale of cement, clinker, and its derivatives in Saudi Arabia. The company was founded in 1978 and is headquartered in Abha, Saudi Arabia.

Key trends

Past 5 years